Entrepreneurship Fin Plan Excel Template

7/30/2019 Entrepreneurship Fin Plan Excel Template

1/13

Apr May Jun Jul Aug

Sales Number of units - 35 50 50 200

Price per unit 10,000 10,000 10,000 10,000 10,000

Revenue - 350,000 500,000 500,000 2,000,000

Variable Costs Material Cost per unit 5,000 5,000 5,000 5,000 5,000

(DIRECT) Courier cost per unit 25 25 25 25 25

Packing cost per unit 25 25 25 25 25

Variable Costs - 176,750 252,500 252,500 1,010,000

Gross Profit - 173,250 247,500 247,500 990,000

Fixed Costs Salary 125,000 125,000 125,000 125,000 125,000

(INDIRECT) Marketing 25,000 25,000 25,000 25,000 25,000

Rent 10,000 10,000 10,000 10,000 10,000

Telephone 5,000 5,000 5,000 5,000 5,000

Electricity 2,500 2,500 2,500 2,500 2,500Website maintenance - 2,000 2,000 2,000 2,000

Fixed Costs 167,500 169,500 169,500 169,500 169,500

PBIT Operating Profit (167,500) 3,750 78,000 78,000 820,500

INT & TAXES Interest 15,000

Depreciation - - - - -

PBT Profit before tax (182,500) 3,750 78,000 78,000 820,500

Tax

Profits PAT Profit After Tax (182,500) 3,750 78,000 78,000 820,500

Starting Cash 3,500,000 3,317,500 3,321,250 3,399,250 3,477,250

Equity 2,000,000 - - - -

Debt 1,500,000 - - - -

Cash in Hand 3,317,500 3,321,250 3,399,250 3,477,250 4,297,750


2/13

Sep Oct Nov Dec Jan Feb Mar Year 1

200 200 300 300 300 400 400 2,435

10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000

2,000,000 2,000,000 3,000,000 3,000,000 3,000,000 4,000,000 4,000,000 24,350,000

5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000

25 25 25 25 25 25 25 25

25 25 25 25 25 25 25 25

1,010,000 1,010,000 1,515,000 1,515,000 1,515,000 2,020,000 2,020,000 12,296,750

990,000 990,000 1,485,000 1,485,000 1,485,000 1,980,000 1,980,000 12,053,250

125,000 125,000 125,000 125,000 125,000 125,000 125,000 1,500,000

25,000 25,000 25,000 25,000 25,000 25,000 25,000 300,000

10,000 10,000 10,000 10,000 10,000 10,000 10,000 120,000

5,000 5,000 5,000 5,000 5,000 5,000 5,000 60,000

2,500 2,500 2,500 2,500 2,500 2,500 2,500 30,0002,000 2,000 2,000 2,000 2,000 2,000 2,000 22,000

169,500 169,500 169,500 169,500 169,500 169,500 169,500 2,032,000

820,500 820,500 1,315,500 1,315,500 1,315,500 1,810,500 1,810,500 10,021,250

180,000

- - - - - - - 632,500

820,500 820,500 1,315,500 1,315,500 1,315,500 1,810,500 1,810,500 9,208,750

3,130,975

820,500 820,500 1,315,500 1,315,500 1,315,500 1,810,500 1,810,500 6,077,775

4,297,750 5,118,250 5,938,750 7,254,250 8,569,750 9,885,250 11,695,750 13,506,250

- - - - - - - -

- - - - - - - -

5,118,250 5,938,750 7,254,250 8,569,750 9,885,250 11,695,750 13,506,250 19,584,025


3/13

Year 2 Year 3 Year 4 Year 5

10% 10% 10% 10% growth %age

2,679 2,946 3,241 3,565

9,000 9,000 9,000 9,000

24,106,500 26,517,150 29,168,865 32,085,752

5,000 5,000 5,000 5,000

25 25 25 25

25 25 25 25

13,526,425 14,879,068 16,366,974 18,003,672

10,580,075 11,638,083 12,801,891 14,082,080

1,500,000 1,500,000 1,500,000 1,500,000

300,000 300,000 300,000 300,000

120,000 120,000 120,000 120,000

60,000 60,000 60,000 60,000

30,000 30,000 30,000 30,00022,000 22,000 22,000 22,000

2,032,000 2,032,000 2,032,000 2,032,000

8,548,075 9,606,083 10,769,891 12,050,080

180,000 180,000 180,000 180,000

632,500 632,500 632,500 632,500

7,735,575 8,793,583 9,957,391 11,237,580

2,630,096 2,989,818 3,385,513 3,820,777

5,105,480 5,803,764 6,571,878 7,416,803

19,584,025 24,689,505 30,493,269 37,065,147

- - - -

- - - -

24,689,505 30,493,269 37,065,147 44,481,950


4/13

YR 1 YR 2 YR 3 YR 4

Loan at the beginning of the year 1,500,000 1,500,000 1,500,000 1,500,000

Added in the year

Paid back in the year

Total Loan amount at end of year 1,500,000 1,500,000 1,500,000 1,500,000

Rate of interest 12%

Interest for the year 180,000 180,000 180,000 180,000


5/13

YR 5

1,500,000

1,500,000

180,000


6/13

(Rs.) Year 1 Year 2 Year 3 Year 4 Year 5

Laptop 100,000

Chair 12,500

Furnishing 300,000

Factory 2,500,000

Office Deposit 200,000

Website development 50,000Capital expenditure schedule 3,162,500 - - - -

Depreciation method Straight line

Number of years 5

Depreciation in the year 632,500 632,500 632,500 632,500 632,500

Assets and Depreciation

Assets - opening balance 3,162,500 2,530,000 1,897,500 1,265,000 632,500

Depreciation in the year 632,500 632,500 632,500 632,500 632,500

Assets- Closing Balance 2,530,000 1,897,500 1,265,000 632,500 -

Accumulated Depreciation

Opening balance - 632,500 1,265,000 1,897,500 2,530,000

During the year 632,500 632,500 632,500 632,500 632,500

Closing balance 632,500 1,265,000 1,897,500 2,530,000 3,162,500


7/13

Cashflow Statement (Rs. Lakhs) Year 1 Year 2 Year 3

Cashflow from Operating Activities

PBT 9,208,750 7,735,575 8,793,583

Less: Taxes (3,130,975) (2,630,096) (2,989,818)

Add : Interest Payment 180,000 180,000 180,000

Add: Depreciation 632,500 632,500 632,500Operating profit before working capital changes 6,890,275 5,917,980 6,616,264

Working capital changes

Less: Increase in Inventory 0 - -

Less: Increase in Accounts Receivables 0 - -

Less: Increase in loans & advances 0 - -

Add: Increase in Provision 0 - -

Add: Increase in Advances from customers 0 - -

Add: Increase in Commission payable 0 - -

Add: Increase in Insurance premium payable 0 - -

Add: Increase in Accounts payable 0 - -

Cashflow from Operations - - -

Less: Capital expediture (including WIP) (3,162,500) 0 0

Less: Increase in Investments 0 - -

Cashflow from Investing Activities (3,162,500) 0 0

Less: Interest Expenses (180,000) (180,000) (180,000)

Less: Net Repayment of Debt

Cashflow from Financing Activities (180,000) (180,000) (180,000)

Net cashflow 3,547,775 5,737,980 6,436,264

Opening Cash Balance 3,500,000 7,047,775 12,785,755

Net cashflow during the year 3,547,775 5,737,980 6,436,264

Closing Cash balance 7,047,775 12,785,755 19,222,019


8/13

Year 4 Year 5

9,957,391 11,237,580

(3,385,513) (3,820,777)

180,000 180,000

632,500 632,5007,384,378 8,229,303

- -

- -

- -

- -

- -

- -

- -

- -

- -

0 0

- -

0 0

(180,000) (180,000)

(180,000) (180,000)

7,204,378 8,049,303

19,222,019 26,426,397

7,204,378 8,049,303

26,426,397 34,475,700


9/13

Sources of Funds Year 1 Year 2 Year 3 Year 4

Paid up Capital 2,000,000 2,000,000 2,000,000 2,000,000

Equity infusion during the year - - - -

Profit for the year 6,077,775 5,105,480 5,803,764 6,571,878

Total shareholders equity 8,077,775 7,105,480 7,803,764 8,571,878

Loan taken 1,500,000 1,500,000 1,500,000 1,500,000

Total sources of Funds 9,577,775 8,605,480 9,303,764 10,071,878

Usage of Funds

Fixed Assets beginning of year 3,162,500 2,530,000 1,897,500 1,265,000

Less :Depreciation 632,500 632,500 632,500 632,500

Net Fixed Assets 2,530,000 1,897,500 1,265,000 632,500

Inventory - - - -

Account Receivables/ Debtors - - - -

Loans & Advances given - - - -Current Assets (Excluding Cash) - - - -

Accounts payable/ Creditors - 0 0 0

Advances from customers - 0 0 0

Provision for income tax - - - -

Insurance premium payable - 0 0 0

Current Liabilities & Provisions - - - -

Net Current Assets (Working Capit - - - -

Cash & Bank Balances 7,047,775 12,785,755 19,222,019 26,426,397

Total Usage of Funds 9,577,775 14,683,255 20,487,019 27,058,897

- (6,077,775) (11,183,255) (16,987,019)


10/13

Year 5

2,000,000

-

7,416,803

9,416,803

1,500,000

10,916,803

632,500

632,500

-

-

-

- -

0

0

-

0

-

-

34,475,700

34,475,700

(23,558,897)


11/13

Year 1 2 3 4

DCF Valuation (Rs. Lakhs) Year 1 Year 2 Year 3 Year 4

EBIT 6,858,750 8,548,075 9,606,083 10,769,891

Tax Rate (t) 34%

EBIT*(1-t) 4,527,461 5,642,584 6,340,975 7,109,205

Add: Depriciation 2,912,500 - - -

Less: Change in working capital - - - -Less: Capital Expenditure (2,912,500) - - -

Free Cashflow to the Firm (FCFF) 4,527,461 5,642,584 6,340,975 7,109,205

Risk free rate 7.5%

Beta 1.3

Expected return from market 15.0%

Cost of equity 17.3%

Cost of debt 12.0%

Post tax cost of debt 7.9%

Target debt: capital ratio 0.4

WACC 13.3%

Terminal growth rate 5.0%

Exit Multiples - EV/EBITDA 3

Terminal Value based on

Terminal growth rate

Present value of

FCFF 3,997,689 4,399,332 4,365,350 4,321,538

Terminal Value

Enterprise value 75,678,942

Sensitivity Analysis - Equity Value

75,678,942 3.0% 3.5%

10.0% 96,011,275 101,981,456

11.0% 83,474,410 87,840,840

12.0% 73,739,514 77,043,484

13.0% 65,965,348 68,532,977

14.0% 59,616,614 61,655,384

WACC


12/13

5

Year 5

12,050,080

7,954,258

-

--

7,954,258

101,212,172

4,269,444

54,325,588

4.0% 4.5% 5.0%

108,946,668 117,178,282 127,056,218

92,831,046 98,588,975 105,306,560

80,760,451 84,973,013 89,787,369

71,385,898 74,574,457 78,161,586

63,898,031 66,376,746 69,130,874

Terminal Growth rate


13/13

Terminal growth rate

Documents

Entrepreneurship Fin Plan Excel Template